All Freight Forwarder Articles – Page 36
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News
DSV unaware of any CH Robinson divestment process
DSV has said it is unaware of any divestment process at CH Robinson after reports emerged that the Danish forwarder was interested in buying the US firm's forwarding business.In a statement to Air Cargo News, DSV, which has expanded rapidly through acquisitions over the past few years, added that would ...
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News
Firms to move away from just-in-time supply chains
Companies are making a long-term move away from just-in-time (JIT) supply chains as they look to combat the disruption experienced over the last couple of years.Panellists at the Multimodal conference and exhibition in the UK said that the last few years had seen companies move away from transporting shipments to ...
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NewsTop 25 airfreight forwarders: Kuehne+Nagel takes top spot from DHL
There is no doubt that 2021 was a bumper 12 months for airfreight forwarders with revenues, profits and volumes reaching new highs, but it was also a year of change at the top as Kuehne+Nagel knocked DHL off the top spot (see full list at end of article).The latest annual ...
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News
Forwarders must prepare for airfreight volume crunch, says Airforwarders Association
Better communication is key to managing an oncoming air cargo capacity crunch in the US caused by worsening oceanfreight capacity issues.The forecasted surge in demand for US air cargo capacity will be largely driven by a lack of sailings with ocean suppliers, but air cargo forwarders must “learn to be ...
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NewsEuropa Air and Sea adds Dubai office
Nathan Lynn. Source: EuropaFreight forwarder Europa Air & Sea will continue its recent expansion with the opening of an office in the UAE.The company said that the new office will open in Dubai later this year and follows on from the addition of an office in Shanghai at the start ...
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NewsNew Zealand freight forwarders penalised for cartel agreements
Photo: Freedomz/ ShutterstockNew Zealand's High Court has imposed penalties totalling over NZ$9.7m on two international freight forwarding companies, Mondiale Freight Services Limited and Oceanbridge Shipping Limited, and on four individuals associated with the companies, for engaging in longstanding cartel agreements with their competitors.Air Cargo News first reported on the legal ...
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NewsForto opens Poland office and appoints country lead
Michael Wax. Photo: FortoForto is further expanding into eastern European markets with a new office in Warsaw, Poland and the appointment Pawel Skwarlo as director of Poland.The provider of digitised freight forwarding and supply chain solutions across air, sea and rail said the location, within reach of Warsaw, Katowice and ...
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News
First Geodis freighter flight between Italy and China
Geodis' Airbus A330-300 freighter has operated between Italy and China for the first time.Geodis said its leased A330-300F departed from Malpensa airport and flew to Shanghai.The company leased the freighter last year. Air Cargo News understands it is this freighter that the company used for the flight, but has requested ...
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News
Forwarder GTS swoops on airfreight specialist Cargo Holland
Time-critical logistics firm Global Transport Solutions (GTS) has acquired forwarder Cargo Holland as it looks to consolidate its presence in the Netherlands.Cargo Holland specialises in airfreight solutions and is located at Schiphol Airport. The forwarder will be integrated into GTS' third-party logistics time-critical service provider, Best Global Logistics.Cargo Holland chief ...
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News
DB Schenker opens air cargo facility in the Netherlands
Freight forwarder DB Schenker has opened a new air cargo facility in Eindhoven, the Netherlands to strengthen its operational network within Europe's air cargo supply chain.The freight forwarder said the energy-efficient facility, built with sustainability, in mind was opened on June 8."With its strategic location, cross-dock operation and good connections ...
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NewsDSV and LATAM Group partner to ease Americas supply chain congestion
Photo: DSVDSV and LATAM Group are collaborating to tackle US-Brazil supply chain congestion with a new air cargo service.Tagged as the "LATAM Star", LATAM together with DSV Air & Sea will offer a direct service from Huntsville International Airport in Alabama to Viracopos, Brazil.Mads Ravn, executive vice president, DSV Air ...
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NewsAutomotive demand drives K+N's new Budapest charter flight
Source: Budapest AirportKuehne+Nagel has launched a new charter route between Hong Kong International and Budapest Airport as it looks to capitalise on high-tech and automotive demand.The service will operate on a weekly basis utilising a Boeing B747-8F aircraft with a capacity of more than 100 tonnes per flight. After stopping ...
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NewsCMA CGM adds another B777F as it aims for a fleet of 12 freighters
Source: CMA CGMCMA CGM Air Cargo has added its second Boeing B777F in the space of two weeks and disclosed its plan to operate a fleet of at least 12 freighters by 2026.The fast-growing carrier took delivery of its second B777F yesterday at a ceremony held at Boeing base in ...
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NewsDB Schenker buys logistics software provider
Photo: DB SchenkerFreight forwarder DB Schenker has acquired logistics software provider Bitergo to strengthens its digital strategy and move towards cloud-based software for small and medium-sized customers.The Germany-based companies worked closely together for three years prior to the takeover on May 31.Bitergo will continue to serve external customers as an ...
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NewsScan Global Logistics continues expansion with new UAE business
Source: Scan Global LogisticsScan Global Logistics (SGL) has opened a wholly-owned business in Dubai, taking advantage of the new no-local sponsor regulation.The company had commercial representation in Dubai for a number of years, but decided to take advantage of new regulations allowing 100% foreign ownership in the UAE.Only one month ...
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News
Maersk completes $644m Senator acquisition as it looks to air cargo
Shipping giant AP Moller-Maersk has completed the acquisition of Senator International for $644m as it looks to boost its presence in forwarding and airfreight.Maersk said that Senator brings with it a well-developed airfreight network comprising own controlled flights and long-term partnerships with airlines, a well-established full container load (FCL) and ...
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News
GCL swoops on event specialist forwarder ADF
Global Critical Logistics (GCL) has acquired Madrid-based live event specialist forwarder Asesores de Flete, S.A. (ADF).GCL said that ADF, which concentrates on the live event, entertainment, sports, and broadcast industries, will be integrated into ts Rock-it Global brand."Together with Rock-it Global’s extensive presence in Latin America, the ADF acquisition solidifies ...
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NewsK+N and LATAM partner to offset flower shipment emissions
Source: LATAMKuehne+Nagel and LATAM Airlines Group will compensate 100% of the emissions generated by the flower shipments they managed together during the recent Mothers' Day season.During the season, thousands of tonnes of flowers were transported from Colombia and Ecuador to North America and Europe.The offsets will be focused on benefiting ...
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NewsDHL begins work on Brisbane Airport cargo facility
DHL breaks ground on Brisbane facility. Photo: DHLDHL Global Forwarding has broken ground on a new 4,880 sq m facility at Brisbane Airport that is due to open in early 2023.A$17m is being invested over ten years for the Australian facility, which according to DHL, will house the largest international ...
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NewsFreightos set for listing following merger with Gesher
Source: FreightosCargo booking portal Freightos and Israel-based special purpose acquisition company Gesher I Acquisition Corp. have entered into a definitive merger agreement that will see the portal being listed on the NASDAQ stock exchange.The combined entity will be known as Freightos and will have a pro forma enterprise value of ...